QUESTION 2 [20 MARKS] You are presented with the following flow forecasted financial activity data for your organisation for the period November 2019 to June 2020. It has been extracted from functional flow forecasts that have already been prepared. You are also told the following. 1. Sales are 40% cash 60% credit. Credit sales are paid two months after the month of sale. 2. Purchases are paid the month following purchase. 3. 75% of wages are paid in the current month and 25% the following month. 4. Overheads are paid the month after they are incurred. 5. Dividends are paid three months after they are declared. 6. Capital expenditure is paid two months after it is incurred. 7. The opening cash balance is P15,000. a. Prepare a cash budget for the six-month period January to June 2020. (20 marks)